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Russia
EXPLAINED: What Russia’s Massive Interest Rate Hike Actually Means
The bad news keeps coming for Russians – not only is the money in their pockets worth less and less, they now have to contend with a 12 percent interest rate.
Aug. 15, 2023
Russia
OPINION: The CBR Hikes Policy Rates
As long as the war continues, it gets worse for the Russian economy. Hiking policy rates won’t solve anything, they might temporarily slow the pace of depreciation of the rouble, the author writes.
Aug. 15, 2023
Russia
Russian Ruble Continues to Depreciate, Reaches Landmark Low Against Dollar
Without showing signs of slowing, the Russian ruble, one of the three weakest currencies in the world, has continued to depreciate over the past week.
Aug. 14, 2023
Russia
EXPLAINED: Russian Ruble Jitters and a Potential ‘Free Fall’
Strikes on Moscow, public jitters and decreasing liquidity leave economists with concerns that the Ruble may eventually enter into "free fall."
Aug. 3, 2023